Cigarette is rolled in thin paper in the form of a cylinder which consists the finely cut leaves of tobacco. Nicotine is a psychoactive chemical which causes addiction to the cigarettes is main ingredient of the tobacco leaves. Cigarettes market is declining in most of the regions Due to the high pressure and numerous challenges.
Cigarettes have gone through a lot of modifications over the time. In the market, there are many flavors and types of the cigarettes that are available in the market. From a simple tobacco roll in a paper to e-cigarettes which tries to create the feeling of smoking by creating a vapor. In recent years Most of the cigarettes manufactured which includes a filter which helps decreasing the tar levels that enter the lungs while smoking. Every year the amount of cigarettes that are consumed is in Trillions and this figure nearly 15% of the world population who are into smoking.
shifting to low priced products and introduction of products which contain less or no nicotine content, Increasing popularity among younger population, increasing consumption of cigarettes due to the addiction caused by smoking them, are some of the factors contributing to the growth of cigarettes market.
The factors restraining the growth of the market are Anti-tobacco campaigns, increasing awareness of the harmful effects of cigarettes, increasing regulations on tobacco consumption such as increased taxes.
Cigarettes Market Forecast Report (2018-2023)
Cigarettes Market is likely to increase at a Significant CAGR over forecasting period.
The Cigarettes market is categorized by Type and region. Based on the type, the market is categorized into
Non-Filters, Flavored Cigarettes, Mild Cigarettes, Menthols, Herbal Cigarettes, Kreteks and Others. Very few manufacturers are in the world producing non-filters cigarettes as the filters help in reducing the tar and nicotine content. Lights, mild cigarettes and ultra-lights are gaining popularity with increasing awareness among people as they contain less nicotine content and. Menthols and flavoured cigarettes due to their distinct tastes are rapidly gaining the market share.
On the basis of region, the global Cigarettes market is categorized into
North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Cigarettes market is led by Asia Pacific region as it is the largest market for cigarettes in the world. Increase in population in this region is resulting in the increase of sales. This region is also likely to be the fastest growing market.
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